Chart of the Day: Blue Apron Holdings (APRN)

Yesterday, while researching charts, I stumbled upon Blue Apron Holdings (APRN), in which I discovered that an ascending triangle has formed..,.

Blue Apron (APRN) is a US-based company that delivers prepared meals made with fresh, seasonal ingredients, directly to customers.

In its most recent earnings report, the company, which has been struggling with customer losses, saw revenue plummet 28% from the same period last year.

Take a look at the 1-year chart of Blue Apron below with added notations…

See chart and continue reading at STOCKNEWS.com